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20130103
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CNBC 5
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CNBC
Dec 27, 2012 6:00am EST
to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. but geithner warns it is harder to predict how long the delay will last because of all of this ongoing fiscal cliff negotiations making it harder to forecast what revenue and tax spending
CNBC
Dec 31, 2012 6:00am EST
boehner on the last day to keep that off the house floor. john boehner has followed what denny hastert used to impose as the majority of the majority rule. you don't bring something to the floor unless most of your members are for it. i think john boehner in this case would be willing to set that aside. he would have something else for his members to vote for, which would be more favorable to those die hard conservatives who oppose the deal, but i think he would put it on the floor and i think eld pass. >> joining us now on the set is republican congresswoman shelly moore-capito and democratic congressman greg meeks from new york. congresswoman, i think he could do that and bring it and still be fine on january 3rd. is that your view? he would be re-elected speaker. >> i think he's going to be re-elected speaker, regardless. but i think there is a will in our conference, in the republican conference, to act, to have something on the floor to react to. i would say that it could be that it comes back from the senate and we act on it, but we amend it and change it. i wouldn't say it would
CNBC
Dec 28, 2012 6:00am EST
't is because speaker boehner, who i like and you and i have talked about, cannot get -- listen, if he can't get a million bucks threshold on a tax cut through his chamber, what's he going to do get $500,000? it's not going to happen. what i think is going to happen at the white house this afternoon, though, is these folks are going to come in, sit down with the president, they're going to say, okay, we're all jumping over the cliff. so what do we do after the cliff? and that's probably a very good conversation for our nation's political leaders to have. >> jimmy, i grant you what you said is true, because all we're talking about is taxes. which is weird. >> we're talking about a hell of a lot more than taxes, joe. >> no, but jimmy, boehner couldn't get his guys to do the taxes. but if we were focusing on entitlement reform or spending or any of the big issues, joe, then obama couldn't get his base to -- so it's awo-way street we got going. >> takes two to tango. if he could have gotten inside together we might have had a shot of getting this done. sadly this is kind of like watching a last-plac
CNBC
Jan 2, 2013 6:00am EST
a significant development in the house hastert night. of course, john boehner took to the floor a billion that did not have the support of a majority of republican members. that's the way that republican speakers have operated for some time. he got less than half, his republicans. and a pron of democratic votes to pass the bill. a significant thing. they went through a bit of kabuki before that because the speaker had a republican conference, and they went through the motions of see figure -- seeing if they could get a bill with more spending cuts and couldn't. that's why we ended up with this result. >> help go through a couple of headlines here. the big headline out of the white house saying that they're raising $620 billion over ten years. on the other hand, you have others, cbo and depending on the political elements, some people saying that this is actually going to cost us $3.9 trillion over the next ten years in part because of amt and how things are associated. then you have the payroll issue which you mentioned, which apparently on average is going to increase people's taxes by a
CNBC
Dec 26, 2012 6:00am EST
. if you vote on the deal that john boehner couldn't get done in his conference thursday, if you vote on that in january, a deficit deal than december. it's actually a tax decrease. i don't think nothing is going to happen in the coming weeks. it is possible we get into the first week of january before something to vote on. congress has gotten used to doing things at the last minute and it's not exactly clear when the last minute is here. >> i've been saying for a while you don't have to deal with 400 or 500 grand, get 250, what the president has wanted all along and get the republicans to not vote for a tax cut for everybody under 250. why hasn't that been the strategy or can you tell me that hasn't been the strategy all along? >> the piece of it i don't fully understand why the speaker decided to do what he did last week, walk away from negotiations. they were getting pretty close between the speaker and president and john boehner came up with plan b and it didn't happen. i'm not quiteshi shirure what t detail was about. while the leaders were negotiating we had a lot of time to tal
Search Results 0 to 4 of about 5